704 Tennessee Rd Albany, KY 42602
This exceptional commercial property in Albany, Kentucky, presents a unique investment opportunity. Situated on a 0.1-acre lot in Clinton County (zip code 42602), this offering encompasses thirteen tracts and multiple buildings. The main attraction is a brick building, previously a restaurant and later a showroom, featuring a drive-through window, spacious display area, bathrooms, office spaces, and a full basement with walk-in cooler and freezer. Three-phase electricity is installed. A second brick building offers four individual office spaces, each with its own bathroom, ideal for rental income. Additionally, a large three-bay block shop with water and electric hookups is included, along with two additional storage bays, also equipped with water and electric. A newer three-bay garage completes the property. The versatility of this property allows for diverse uses, including storage units, fleet maintenance, offices, mechanic shops, auto body workshops, or even residential redevelopment. This is a rare chance to acquire a substantial commercial property with significant potential for various business ventures or investment strategies. The property's location in Albany, KY offers access to local amenities and transportation networks. This absolute online auction presents a compelling opportunity for investors and entrepreneurs alike.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.